Lagardere SCA (FR:MMB) has released an update.
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Lagardère SA has completed a major refinancing of its financial debt, securing a €1.95 billion package that includes bank loans and shareholder loans from Vivendi SE, as well as a new revolving credit facility. This move, supported by 18 top banking groups, not only extends the maturity of the company’s debt but also strengthens its long-term financial position. The successful refinancing underscores the market’s confidence in Lagardère’s future prospects and development strategy.
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